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Dover Corp (DOV) announced earnings for third quarter that decreased from the same period last year.


RTTNews | Oct 20, 2020 06:38AM EDT

06:38 Tuesday, October 20, 2020 (RTTNews.com) - Dover Corp (DOV) announced earnings for third quarter that decreased from the same period last year.

The company's profit totaled $200.30 million, or $1.38 per share. This compares with $206.01 million, or $1.40 per share, in last year's third quarter.

Excluding items, Dover Corp reported adjusted earnings of $231.74 million or $1.60 per share for the period.

Analysts had expected the company to earn $1.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.4% to $1.75 billion from $1.83 billion last year.

Dover Corp earnings at a glance:

-Earnings (Q3): $231.74 Mln. vs. $234.63 Mln. last year.-EPS (Q3): $1.60 vs. $1.60 last year.-Analysts Estimate: $1.32-Revenue (Q3): $1.75 Bln vs. $1.83 Bln last year.

-Guidance:Full year EPS guidance: $5.40 to $5.45

Read the original article on RTTNews ( https://www.rttnews.com/3137490/dover-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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